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Student loans and Bankruptcy

Student loans are typically extremely difficult, but not impossible, to discharge in bankruptcy. To do so, you must show that payment of the debt “will impose an undue hardship on you and your dependents.” If you can successfully prove undue hardship, your student...

Frugal

I recently traded in my Mercedes.  Before I traded the car in, I needed to determine what I would drive next.  I went back and forth on a number of makes and models.  Then I sat back and thought about this from a different perspective. I thought about what is the most...

Our political process

I was surprised to find out that, as private organizations, political parties in the U.S. are under no legal obligation to democratically choose their nominees for general elections; parties could choose to select nominees by tennis match. I was aware that delegates...

Sin Taxes

How does this actually work… The states, Illinois included, have done everything they can to threaten, sue, rob and kill the tobacco industry. Now they are setting their sights on killing e-cigarettes and the vaping markets. But Illinois plans to remake its fortunes...

Property and Casualty

I learned something new about insurance recently.  I am Trustee on a Trust and the Trust owns a piece of property with a home on it.  The tenant bypassed me and filed claims with the insurance company in 2017 and 2018.  Very small claims, the 2018 had a payout of...

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